ISS ESG Launches Net Zero Alignment Solutions Suite for Investors
Institutional Shareholder Services’ (ISS) responsible investment arm, ISS ESG announced today the launch of Net Zero Solutions, a suite of tools aimed at enabling investors to assess the alignment of portfolios with a net zero 2050 scenario.
Initially unveiled last year, the suite is now live, and launched with several new features, including a net zero target status, assessing whether portfolio companies’ published targets and strategies relevant to achieving Net Zero are present, and net zero emissions trajectories, incorporating quality-checked company-reported Scope 3 green house gas emissions data.
ISS ESG Net Zero Solutions provide coverages of 29,000 issuers for Climate data, 23,000 issuers for Energy and Extractives data and 8,000 issuers for EU Taxonomy eligibility data. The suite includes “Issuer Level Net Zero Alignment Data” to identify positive and negative performing companies against a range of climate metrics, and “Net Zero Portfolio Report,” which will provide an aggregated view of a portfolio’s readiness for net zero, encompassing emissions disclosure performance, fossil fuel exposure, potential future performance, climate mitigating revenue and target setting.
Dr. Maximilian Horster, Head of ISS ESG said:
“The number of companies pledging to reach Net Zero is growing rapidly. ISS ESG’s augmented solutions launched today support investors in verifying the extent to which their portfolio companies’ publicized targets and commitments are aligning with ongoing or planned operational activities.”